Falcon Finance is building a new standard for synthetic dollars with its dual-token system: USDf, an overcollateralized synthetic dollar, and sUSDf, its yield-bearing version that grows as institutional strategies feed rewards back into the vault. USDf can be minted through Classic or Innovative flows—stablecoins mint 1:1, while volatile assets use dynamic OCRs based on liquidity and volatility. Peg stability is protected through delta-neutral hedging and multi-venue arbitrage, keeping USDf fully backed even when markets move. Falcon’s entire system is built with institutional protections like MPC-secured custody, off-exchange settlement, real-time dashboards, weekly attestations, and quarterly ISAE3000 audits. The Falcon Miles program rewards minting, staking, LP activity, DeFi integrations, restaking, trading volume, and referrals, and determines access to FF incentives and airdrops. Falcon was founded by Andrei Grachev and incubated by DWF Labs, which, along with other contributors, helped Falcon raise $45M across multiple rounds. USDf is backed by diversified collateral including stablecoins, BTC, ETH, altcoins, and RWAs like tokenized gold and stocks. Yield for sUSDf comes from funding-rate arbitrage, cross-exchange arb, altcoin staking, options, and statistical strategies, all run through ERC-4626 vaults that auto-compound rewards. Users can restake for fixed-term boosted yields represented by NFTs. Falcon’s Insurance Fund absorbs negative daily yield and defends the USDf peg during market stress, scaling with protocol growth. Staking Vaults let users earn predictable USDf-denominated yield without selling their tokens, with principal returned after a short cooldown; as of December 2025, these vaults hold $4.8M+ across four live pools. In circulation, Falcon now has 2.2B+ USDf and 142.5M sUSDf. The FF token (10B total supply, 23.4% at TGE) powers governance, staking benefits, fee reductions, OCR discounts, marketing, ecosystem growth, audits, and long-term rewards. Falcon’s roadmap for 2025–26 expands global banking rails across LATAM, MENA, Turkey, and Europe, integrates RWA partners, launches tokenization support for T-bills and assets, introduces gold redemption in the UAE, and prepares institutional USDf structures and USDf-centric investment funds. Falcon’s goal is simple: a transparent, overcollateralized synthetic dollar system with stable USDf, growing sUSDf, and risk controls strong enough to survive any market cycle.





